SEI Investments Company (SEIC) : Traders are bullish on SEI Investments Company (SEIC) as it has outperformed the S&P 500 by a wide margin of 2.39% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.75%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.09% in the last 1 week, and is up 2.18% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.13% and the fifty day Moving Average is 3.64%. SEI Investments Co. has dropped 9.9% during the last three month period . Year-to-Date the stock performance stands at -11.8%.
SEI Investments Company (SEIC) : The highest short term price target forecast on SEI Investments Company (SEIC) is $55 and the lowest target price is $47. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $51.25 with a standard deviation of $3.5.
SEI Investments Company (NASDAQ:SEIC): On Fridays trading session , Opening price of the stock was $46.34 with an intraday high of $46.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $45.595. However, the stock managed to close at $45.98, a loss of 0.45% for the day. On the previous day, the stock had closed at $46.19. The total traded volume of the day was 1,117,406 shares.
SEI Investments Company is a provider of investment processing, investment management and investment operations solutions. The Company enables corporations, financial institutions, financial advisors and ultra-high-net-worth families create and manage wealth by providing investment and investment-business solutions. The Company operates in five segments: Private Banks, Investment Advisors, Institutional Investors, Investment Managers and Investments in New Businesses. The Companys investment management business solutions include investment processing outsourcing solutions for providers of institutional and private-client wealth management services, including banks, trust companies, independent wealth advisers and other financial services firms; investment management solutions for institutional investors, and individual investors and investment operations outsourcing solutions for investment management firms, banks and investment companies.